On Dec 11th, 2019, CRM International and Beijing Rail Transit Technology & Equipment Group Co., Ltd. (RTTE) signed bilateral StrategicCooperationAgreement in Beijing. Mr. Fang Yongbin, (Chairman of CRM International), Mr. Yang Liang, (President of CRM International), and Mr. Lu Xiwei (President of RTTE) attended the signing ceremony.

　　As the subsidiary of Beijing Infrastructure Investment Co. , Ltd., RTTE is well-experienced in Manufacturing & maintenance of urban rail transit vehicles, medium to low speed maglev technology and capital operation. CRM International plays a key role in promoting internationalization of its parent company, enjoying great influence in overseas markets. Both sides are highly complementary to each other in business terms, and have already carried out cooperation in overseas markets including Israel. This Agreement will further enhance the existing communication of the two parties, and broaden the depth and width of mutual cooperation on overseas projects, resulting in an all-round cooperative partnership.

　　After meeting, attendants from CRM International visited the rolling-stock manufacturing company under RTTE to have a better knowledge of RTTE’s capabilities in R&D, design, production and maintenance, etc.